The Obermeyer Team at Swift Mortgage NMLS 257299

09/18/2024

Well, well our first Federal Reserve rate cut in 4 yrs and a pretty aggressive one at that. What does this mean to mortgage rates? Well, Wall Street has been banking on this for the last month or so as we saw rates really improve this last month. So this doesn't mean mortgage rates actually improve with this, they actually got a little worse after the announcement. Meanwhile I have been doing annual reviews and with a special we have going right now rates are much lower than they have been the last couple yrs. I have already saves clients hundreds a month and even thousands in closing costs depending on the situation. I am a MORTGAGE BROKER now meaning I have access to dozens of lenders and our rates are really good right now! Any questions please reach out and give us a shot you won't be disappointed in what I can offer you now!

The Federal Reserve on Wednesday lowered the federal funds rate to a range between 4.75%-5%.

02/22/2023

🏠🏠🏠
Great news released by HUD. This will save an FHA buyer up too $1400 per year in their monthly payment. 🎉
This can mean more purchasing power with a reduction in monthly pmts 😀
This goes into effect on 3/20/23.🙌

Homeowners will save an average of $800 per year following the Biden Administration’s announcement Wednesday that it will reduce by 30 basis points the annual mortgage insurance premiums charged on loans via the Federal Housing Administration. In a news release, the White House said Vice President...

12/01/2022

If you’re ready for a new home and find one you love, refinancing when rates drop is always an option – but it does come with its own costs. For a limited time, we’re eliminating some of those costs with the Movement Purchase Advantage! Purchase your home before 3/31/23 and refinance with Movement before 12/31/2024 with NO LENDING FEES! *Conditions and restrictions apply. Lender fees include administrative, application, commitment, processing, and underwriting fees. All other fees apply. Excludes broker, bond, Jumbo, Non-Agency, HECM and HELOC loans.